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Hancock Document Based Question DBQ Learning How to Write a DBQ DUE MODAY NOVEMBER 17, 2008 Analyze the causes of and the responses to the peasants revolt in the German states, 1524-1526. Historical Background in late 1524, peasants, craftsmen, and poor soldiers formed bands and pillaged throughout a large area of the Holy Roman Empire. During the revolt, some of the rebel bands authored statements of grievances called Articles. Although most bands did not coordinate their activities, several groups met in Memmingen, Swabia, during March 1525 at a gathering known as the Peasant Parliament. After a series of battles, the authorities managed to suppress the revolts. More than 100,000 rebels and others were killed. TASK 1 Deconstructing the question. Specifically and in your own words describe what the question is asking you to do. Start by circling the directive words. Use the Historical Background to help you in this process. It is there for a reason and as a guide. Limit your answer to 2-3 sentences. TASK 2 The Documents. Recreate the table below on your sheet and fill it in with appropriate information. You have been provided with 12 Documents all of which are intended to be used as evidence to support your thesis. You are NOT expected to add in outside information except as context. Everything you argue must be based on what is found in the documents. You must complete the following steps BEFORE you read a single document, predict what Points of View (P.O.V.) you will expect to find. Write those down. Read through the documents. For each one make sure you note/underline/circle all relevant information such as author, time, national origin. In other words next to the document do APPARTS in brief. As you are reading put the documents into categories/groupings as these groups emerge. Do this in the chart below that you have recreated on your sheet. (NOTE Ive started you off. You do not need to fill in every box.) Documents that Address...

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...The euro, developed in the New Year of 1999, is the second largest reserve currency in the world. The Member States of the European Union form part of the Economic and Monetary Union, which is an advanced stage of economic integration based on a single market. The EMU involves close coordination of economic and fiscal policies and for the Member States that meet set criteria, a single currency. The euro was made to converge the currencies from the Member States of the European Union to one. Before a Member State can adopt the euro, it must fulfill certain economic and legal criteria. This criterion is designed so that the transition from currency can go smoothly and with little disruption. The euro is currently shared by 17 of the European Union’s Member Sates: Belgium, Germany, Ireland, Spain, France, Italy, Luxembourg, the Netherlands, Austria, Portugal, Finland, Greece, Slovenia, Cyprus, Malta, Slovakia, and Estonia.
To understand the adoption to the euro, it is important to understand the dynamic of the European Union itself. When the European Union was founded in 1957, the Member States concentrated on building a common market. However, this idea was short-lived as it was concluded that certain requirements of each Member State must be met before the market could grow and expand. These conditions are now referred to as the “convergence criteria” and include low and stable inflation,...

...Eurozone is called the Euro area, started in 1998 and consist of 17 countries: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. The Eurozone have adopted the common currency call the Euro. The monetary policy of the Eurozone is control by the European Central Bank. When I think about Eurozone, I often think of a powerful union consist of many rich countries; and there is not likely chance of getting into financial crises. In 2007, there was an on going financial crisis that happened called the European Sovereign debt crises. The crisis made some countries in the Eurozone difficult or impossible to repay or refinance their government debt. The crisis have affected heavily on Eurozone and also made them face the risk of getting separate. In this paper, we will looking at the cause of the crisis and also find out some possible solution for the problem.
In the beginning, we will look at the Eurozone currency. Is Eurozone an optimal currency area? In 1979, the European Monetary Systems was launched when European Community fixed their currencies exchange rates around to European Currency Unit. After that time, there are many debates about whether or not the Eurozone is an optimal currency area. Optimal currency area is “the geographic area in which a single currency would create the greatest economic benefit”. A certain area has to...

...by the UK government to join the Single European Currency?
The single European Currency is the currency used by the institution of the EU and it’s the official currency of the Eurozone consisting 18 of the 28 member states. On 1 January 1999, the Euro was introduced as the single European currency, but today, the UK is still using the Sterling Pounds, and if the UK join the single European Currency, there may be some advantages and disadvantages for the UK firms.
If we share a currency with the rest of Europe, there will be no need to pay transaction costs of changing currencies. For businesses which have high transaction costs, it will be a huge benefit for them as they can lower their cost of production, which allows them to maybe lower price and be more competitive in the international market, and if an individual firm is more competitive than other ones in the market, in a long term this will dominate other firms in the market because they can’t compete with the low cost of production, making that firm to be a monopoly or left with just a few firms in the market, and allowing them to grow rapidly by having all the sales in the market and creating barrier to entry for the market. So for example if the UK is using the Euros, Jack Wills or Topman/Topshop will be able to reduce their cost of production because they export a lot of clothing to the Europe, so if they don’t have to pay the transection cost, it will lower the total cost, which...

...The Euro Currency Market
The European Union's currency, the euro, "is now in use by 12 nations with a total population of 300 million people in an economic zone two-thirds the size of the US economy" (Posen, 2005). According to Posen (2005), since its introduction on January 1, 1999, the euro has been readily accepted both at home and in global capital markets. "Several nations in eastern Europe and around the Mediterranean are eager to join the euro zone or peg their national currencies to the euro" (Posen, 2005). So far the euro has proven to deliver low inflation and interest rates throughout the Continent.
Euro banknotes are the same in every country. Coins differ between countries in that each nation is permitted to have one side carry a stylized design. The reverse side of the coins is the same in every country (The use of Euro, 2007). Euro banknotes and coins are issued by the European System of Central Banks, which includes the national central banks of the participating Euro countries (The European Union FAQS, 2007). Since the Euro's beginnings in 2002, its use has increased globally, as evidenced by the number of non-EU countries participating in its use; however, the dollar is still the dominant international currency (Rey, 2007).
According to the European Union, the benefits of the...

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The Eurozone crisis (often referred to as the Euro crisis) is an ongoing crisis that has been affecting the countries of the Eurozone since late 2009. It is a combined sovereign debt crisis, a banking crisis and a growth and competitiveness crisis.[8]
The crisis made it difficult or impossible for some countries in the euro area to repay or re-finance their government debt without the assistance of third parties. Moreover, banks in the Eurozone are undercapitalized and have faced liquidity problems. Additionally, economic growth is slow in the whole of the Eurozone and is unequally distributed across the member states.
In 1992, members of the European Union signed the Maastricht Treaty, under which they pledged to limit their deficit spending and debt levels. However, in the early 2000s, a number of EU member states were failing to stay within the confines of the Maastricht criteria and turned to securitising future government revenues to reduce their debts and/or deficits. Sovereigns sold rights to receive future cash flows, allowing governments to raise funds without violating debt and deficit targets, but sidestepping best practice and ignoring internationally agreed standards.[9] This allowed the sovereigns to mask their deficit and debt levels through a combination of techniques, including inconsistent accounting, off-balance-sheet transactions as well as the use of complex currency and credit derivatives structures.[9]
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...﻿Global Marketing
Will the euro survive ? (case 3-1)
1)
Grece, Ireland, Italy, Portugal and Spain are sometimes referred to as the euro zone’s « peripheral countries » because they meet major economic difficulties. For example, these countries rank lower than their EU neighbors in terms of infrastructure, business sophistication, macroeconomic environment ...
Therefore, these countries are called « peripheral countries » because they are considered the weakest of the euro zone as opposed to the most creditworthy countries, those of the core.
The euro area currently operates at two speeds, with one side of the « core countries » and the other « peripheral countries ».
The euro zone fears about the solvency of « peripheral countries » and their inability to stabilize the debt / GDP ratio. That is why they are considered so.
2)
European Commission sets up actions to bail out the Irish and Greek banks for several reasons.
Firstly, if it is not done, these countries in situation of indebtedness will go bankrupt. And then, there will be no alternative but to exclude them from the euro zone.
In addition, from the time a country will leave the euro zone, investors and markets will consider that each country that uses the euro is a potential candidate for the exit. This will create a climate of uncertainty and mistrust. A monetary union does...

...Will the Euro Survive
POINT
VICKY PRYCE, Senior Managing Director, Economic Consulting, FTI consulting
In 2002, when euronotes and coins entered circulation, the dominant view among the 15 (now 23) member states using the currency was that it represented a big step toward ensuring peace and prosperity for the Continent. What people in individual European countries tended to overlook was that a single currency brings greater interference by members of the union in each state’s monetary, fiscal and political affairs. Tension over such intrusions, coming to the fore in the wake of sovereign debt crises in Greece, Ireland and elsewhere, casts serious doubt on the survival of the euro as the single currency for most of Europe. During the next few years, member states will do whatever they can to avoid a split because the practical inconveniences would be enormous. Weaker countries, such as Greece, would face a radical devaluation of their currency and essentially would have to close their fiscal borders to prevent a flight of money. Stronger nations, such as Germany, would suffer as well. The inevitable rise in a German-dominated currency would make exports — a cornerstone of the German economy — far less competitive on the world market.
That’s why leaders of financially robust member nations will continue to support bailouts despite grumbling from their citizens about shouldering the lion’s share of the cost; it’s...

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The article “The Failure of the Euro: The Little Currency That Couldn't”, by Martin Feldstein, is a case about why the Eurozone has failed, is failing, or at best will fail. To prove his point, the author uses explicit examples such as the economic disaster occurring in Greece, while at the same time aiding the economic growth in Germany. Feldstein also demonstrates how the Eurozone also has allowed much room for error and has forced the hand of many European countries in one way or another. This lead many member countries to consider exiting the Eurozone, no matter how horrific the economic consequences might be. The author is correct in assuming that the Eurozone is one of several contributing factors causing the economic crash in many European countries. However, economists have feared that the problems with the Eurozone began many years before the 2008 economic crisis.
Even in the Euro's early years many economists argued Europe’s single currency zone was being built for more of a political gain, rather than economic unification. In particular that it would subsidize some countries such as France and Germany more so than other smaller Southern countries like Greece, Spain, and Italy. The Eurozone has a fixed monetary rate across the board, thus it cannot consider the economy of individual nations, but takes the overall of all economies of each nation. This makes the Eurozone more inclined to favor certain countries over others...